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Explanatory Notes UK Standard Industrial Classification of Economic Activities 2007 – SIC(2007) Section L Real Estate Activities This section includes acting as lessors, agents and/or brokers in one or more of the following: selling or buying real estate, renting real estate, providing other real estate services such as appraising real estate or acting as real estate escrow agents. Activities in this section may be carried out on own or leased property and may be done on a fee or contract basis. Also included is the building of structures, combined with maintaining ownership or leasing of such structures. This section includes real estate property managers. 68 Real estate activities 68.1 Buying and selling of own real estate 68.10 Buying and selling of own real estate This class includes: – buying and selling of self-owned real estate: ■ apartment buildings and dwellings ■ non-residential buildings, including exhibition halls, self-storage facilities, malls and shopping centres ■ land This class also includes: – subdividing real estate into lots, without land improvement This class excludes: L – – development of building projects for sale, see 41.10 subdividing and improving of land, see 42.99 68.2 Renting and operating of own or leased real estate 68.20 Renting and operating of own or leased real estate 68.20/1 Renting and operating of Housing Association real estate This subclass includes: – renting and operating of self-owned or leased real estate which is used for housing association activities only This subclass also includes: – – – – – – renting and operating of housing association owned real estate: ■ apartment buildings and dwellings ■ land providing homes for rent for those who are vulnerable, on low income and/or key workers such as nurses sheltered or supported homes operation of services to help residents improve their communities offering homes through a shared ownership scheme development for building projects for own operation 68.20/2 Letting and operating of conference and exhibition centres 68.20/9 Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c. This subclass includes: – – renting and operating of self-owned or leased real estate: ■ apartment buildings and dwellings ■ non-residential buildings, excluding conference and exhibition centres, self-storage facilities ■ land providing of homes and furnished or unfurnished flats or apartments for more permanent use, typically on a monthly or annual basis This subclass also includes: – – operation of residential mobile home sites development for building projects for own operation This subclass excludes: – operation of hotels, suite hotels, holiday homes, rooming houses, campgrounds, trailer parks and other non-residential or short-stay accommodation places, see division 55 198
UK Standard Industrial Classification of Economic Activities 2007 – SIC(2007) Explanatory Notes 68.3 Real estate activities on a fee or contract basis 68.31 Real estate agencies This class includes the provision of real estate activities by real estate agencies: – – – intermediation in buying, selling and renting of real estate on a fee or contract basis advisory activities and appraisal services in connection with buying, selling and renting of real estate, on a fee or contract basis real estate escrow agents activities This class excludes: – legal activities, see 69.10 68.32 Management of real estate on a fee or contract basis This class also includes: – rent-collecting agencies This class excludes: – legal activities, see 69.10 – facilities support services (combination of services such as general interior cleaning, maintenance and making minor repairs, trash disposal, guard and security), see 81.10 – management of facilities, such as military bases, prisons, and other facilities (except computer facilities management), see 81.10 L 199
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UK Standard Industrial Classificati
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Contents Page Preface iv Introducti
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Introduction A Standard Industrial
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Rules for classifying statistical u
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UK SIC(2007) - Summary of Structure
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Explanatory Notes UK Standard Indus
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